Annual levy of US $ 2000 charged from Port City businesses

Date:

The Colombo Port City Economic Commission has decided to charge an annual levy of US $ 2000 for businesses operating at the Colombo Port City.

A special gazette declaration signed by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilisation and National Policy has been issued regarding the issuance of licences for operating businesses at the Port City, and these licences will be issued after careful assessment of the applications submitted for business operations expected on the grounds.

The investors are also expected act in compliance with the regulations by the Central Bank of Sri Lanka (CBSL), the Colombo Port City Economic Commission stated.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Public Property Act: A Tough Law Driving a New Era of Accountability

By: Ovindi VishmikaSeptember 03, Colombo (LNW): Sri Lanka’s fight...

Reforming the Presidential System in Sri Lanka

By Adolf The recent arrest of a former President has...

S L’s External Sector Shows Resilience, but Sustainability Hinges on Policy and Stability

Sri Lanka’s external sector continued to demonstrate resilience in...

SL Private Sector Agri Innovation Thrives as NPP Policies Stifle Growth

Sri Lanka’s agriculture sector is at a critical juncture,...